DERICHEBOURG - Universal registration document 2019-2020

3

Group management report Earnings from businesses and financial position

Details of the Group'ssourcesof financing,their use and maturityare shown in the graphs below.

In millions of euros

1,245

1

1,300

122 140 54 158

530

960

1

240 130 207 112 140 54

341 112 140 54 240 130

1

621

620

300

17

240 100 130

511

280

10

100

-60

-353

-353

-400

Authorised lines as of Sept 2020

Used as of Sept 2020

Net debt as of Sept 2020

Liquidity headroom as of Sept 2020

Term Loan March 2020 RCF March 2020 BEI loan Factoring

Others

Bilateral CMT

Leasing contracts Rights of use IFRS 16 Short-term lines (mostly unconfirmed)

1,400

1,245

1

1,200

122 140 54 158

977

1,000

873

90 108 39

68 79 29

800

300

600

481

300

300

48 55 24

385

21 34 20

100 130

400

100 130

180 100 117

150 100 104

120 100 91

200

13 18 17

126

240

210

0

78

Authorised lines as of Sept 2020

30/09/2021

30/09/2022

30/092023

30/09/2024

30/09/2025

Term Loan March 2020 RCF March 2020 BEI loan Factoring

Others

Bilateral CMT

Leasing contracts Rights of use IFRS 16 Short-term lines (mostly unconfirmed)

The pro forma leverage ratio for acquisitions made in the past fiscal year, calculatedon a rolling12-monthbasis, is 1.84.

The Group has a good long-termline base and has already reached an agreement in principle to extend its factoring contract for a further year, whichwas confirmeduntil December 31,2021.

DERICHEBOURG p 2019/2020 Universal Registration Document 104